BUYING YOUR HOME
FI ND THE RIGHT
COTTINGHAM CHALK AGENT PROFESSIONAL ACHIEVEMENTS & DESIGNATIONS • • • • • •
Charlotte Regional Realtor® Association National Association of Realtors® North Carolina Association of Realtors® 2019 Charlotte Observer Real Estate Rising Star 2020 Property Spark Top Charlotte Real Estate Agent On Social Media 2020 Cottingham Chalk Top Producer
PERSONAL STATEMENT
KRISTEN PEGG REALTOR® / Broker in NC, SC D: 336.409.9992 O: 704.364.4400 x 1246 kpegg@cottinghamchalk.com
I am in the business of working hard to serve others. Selling or buying a home is a life event that I have the privilege to walk alongside my clients through as a trusted advisor. I treat every client as an extension of my team; working to put their needs first.
MISSION To be a dependable advisor for clients walking through the transaction of buying or selling one of their most important investments, and to consistently demonstrate a proactive mindset, hard work ethic, and ability to provide a positive experience from start to finish.
@kristenpegg_realtor
TESTIMONIALS “Kristen made our relocation to Charlotte as seamless as possible! She was a consummate professional, but strikes the difficult balance of also being kind, warm and encouraging - invaluable traits for my family as out-of-town buyers. We never doubted she would help us find the perfect home. Once we found it, she was on top of everything: keeping us informed of progress, showing up to inspections on our behalf, coming to walk-throughs and the closing, and fielding all of our questions throughout the process. We are moving to Charlotte with confidence in large part because of the positive, friendly energy that Kristen brought to the process. If we ever have to move again, she’ll be getting a call from us.” — Joey and Sammi “Working with Kristen was an absolute delight. She is quick to respond, always looking out for her clients, and goes above and beyond to guide you through the house buying process. Being a first time home buyer, she was very patient with our many questions and very happy to help explain each step along the way. She is not only very professional, but also very personable making the experience feel like you are working with a friend. I would recommend her to anyone and will be using her again in the future for all of our realty needs! Thank you Kristen for being so great through this whole process!” — Andrew and Kerstin
GET P R E-APPROVED
WI T H A LEND ER
• Select a mortgage provider and begin by speaking to multiple lenders to make sure you are getting the best
rate, most competitive fees, and good service.
• Be prepared to provide the following documents so your lender can get an accurate look at your finances
- Previous two years W2 - Last 30 days pay stub - Last 60 days of bank statements - Previous two-year federal tax return - Driver’s license • During the application process your lender will ask questions and pull your credit. This is considered a hard
pull on your credit but will allow you generally up to 30 days to compare other lenders without taking another hard pull. Be sure to ask your lender what your credit score is.
• Be open and honest with your lender so that they can provide you with the best service. • Receive a pre-approval letter.
Recommendations • American Security Mortgage
Lee Froneberger – 704.277.6117 lfroneberger@1asmc.com Erin Finnen – 704.649.4995 efinnen@1asmc.com
D ECI DE W HERE
YOU WANT TO BUY Uptown: The heart of the Queen City is divided into four wards, spreading out from the intersection of Trade and Tryon street. In the city center you will find skyscrapers, bankers, rooftop bars, and elegant restaurants for dining.
South End: Established from its mill town past, South End is booming with trendy housing, furniture studios, markets, and galleries. The LYNX Blue Line light rail provides a quick commute to Uptown and along the way you will find several craft beer and culinary hot spots.
Dilworth: Known for its charming bungalows bordered by tree-lined streets, Dilworth is positioned just minutes from Uptown and blocks from South End. Stroll down East Boulevard to discover several trendy boutiques and restaurants that provide a cozy vibe by day, and intimate setting by night.
South Park: South Park invites all retail lovers and is centered around the city’s retail mecca, SouthPark Mall. This neighborhood brings together a mix of high-end condos, well-manicured plazas, and business parks.
Myers Park: Stroll through one of the most picturesque neighborhoods in Charlotte to find a canopy of 100-year-old trees hanging over you and stunning homes lining the streets. The historic district of Myers Park provides central access to great neighborhoods all around and close proximity to specialty shops and restaurants.
Plaza Midwood: Brought together by Central Avenue, this neighborhood combines both edgy and inviting and unites the once separate hubs, The Plaza and Midwood. The quirky neighborhood is a blend of art, diners, bars, and more upscale restaurants and retailers.
Huntersville: An escape from the hustle and bustle of the city, this outdoorsy suburb offers several outdoor attractions and plenty of retail shops at Birkdale Village.
Ballantyne: Ballantyne draws residents who desire big-time amenities outside of the fast-pace city environment. Here you will find beautiful homes and established retail complexes for all of your shopping and dining needs
Matthews: Located just 25 minutes from Uptown, the history of this quaint suburb is beautifully preserved in downtown where you can find the original hardware store, old rail car, and history museum. Now mixed with up-and-coming bars, coffee shops, and restaurants, it is a great place for families and young couples to gather.
COTSWOLD
ELIZABETH
NODA
MIDTOWN
UNIVERSITY CITY
BELMONT
PINEVILLE
CORNELIUS
MINT HILL
MONROE
WAXHAW
KANNAPOLIS
S ET UP YOUR
C USTOM SEA RCH ON MLS As your agent, I will stay on top of the market in search of anything that meets your needs as soon as it hits the market. I will set up a custom search on the Multiple Listing Services (MLS) that can include criteria such as number of bedrooms, square footage, neighborhood, commute, year built, etc. This will provide you with real time updates and give you the opportunity to: • Access your personal portal at any time • Receive daily updates on market changes
• Provide feedback on specific properties to communicate with me
what you do and do not like in a home
MA KE AN OFF ER AN D
GO UN DER CONTRACT Congratulations! You found your dream home, made an offer, and it was accepted. You are now under contract! Below you will find some tips and definitions that outline what you can expect next… Due Diligence Period: Once you go “under contract” you enter the due diligence period. This is a timeframe where you complete an appraisal, inspection, and work with your lender/closing attorney to get everything in order. This is when you are given the opportunity to negotiate any repairs and ensure after everything is complete, that you feel comfortable moving forward with purchasing the property. Due Diligence Fee: An amount of money given to the seller (listed in the Offer to Purchase Contract) for taking the property off the market to conduct due diligence. If you proceed to buy the property, this amount is credited back to you towards the final sales price. If for some reason you decide to pull out of the transaction, the money remains with the seller as a payment for the time the property was off the market. TIP: It is important to remember that whatever amount you decide to pay for this fee, should be available funds as this check will be deposited. • NS Richards Inspectors
Norman Richards – 704.965.3920 norman@nsrichards.com • BPG Inspections
Adam Frers – 704.492.4842 afrers@bpgwi.com Earnest Money Deposit: This check is made out to Cottingham Chalk (the escrow agent) and is held in our trust account until the day of closing. This amount will also be credited back to you towards the sales price once the transaction is closed. The earnest money deposit serves as the seller’s sole remedy should you default on the contract. If you decide to pull out of the transaction post due diligence period, the seller keeps the earnest money deposit. Closing Attorney: As your agent I will set up your closing for you. The closing attorney will be responsible for doing a title search to check for any title defects, ordering your property survey, and preparing closing documents. If you have a real estate attorney you would like to use, please let me know or I would recommend the following: • Bailey and Carlino, PLLC
Brad Bailey – 704.365.1811 brad@mbcpllc.com • Doyle and Wallace, PLLC
Matt Doyle – 704.371.5515 mdoyle@doylewallace.com • Costner Law Office, PLLC (South Carolina)
Brenna Heller – 704.900.1134 brenna.heller@costnergroup.com Settlement Date: This is when you will meet with a closing attorney to officially close and record the deed to your new home.
KRISTEN PEGG REALTOR ® / Broker 336.409.9992 kpegg@cottinghamchalk.com
COTTINGHAMCHALK.COM